Allergy Diagnostics Market (USD 16.7 Bn by 2031) Diagnostic Test, Major Type, Supply Chain, Growth Rate
Allergy Diagnostic Market 2031
Allergy diagnostics market size was valued at $5 billion in 2021, and is estimated to reach $16.7 billion by 2031, growing at a CAGR of 13.2% from 2022 to 2031.
PORTLAND, OREGON, UNITED STATES, March 20, 2023 /EINPresswire.com/ -- The allergy diagnostics market refers to the tools and technologies used to diagnose and manage allergic conditions. Allergic conditions include a wide range of disorders, such as asthma, allergic rhinitis, food allergies, and atopic dermatitis, among others. The global allergy diagnostics market has been growing in recent years, driven by factors such as the increasing prevalence of allergic conditions, advancements in diagnostic technologies, and growing awareness about the importance of early diagnosis and management of allergic disorders.
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The key players profiled in the allergy diagnostic market report include Thermo Fisher Scientific, PerkinElmer Inc., Danaher, Hitachi Chemicals, BIOMรRIEUX, Omega Diagnostics Group PLC, Siemens, Eurofins Scientific, Stallergenes Greer, and Neogen Corporation.
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The allergy diagnostics market is highly competitive, with numerous players operating in the market, including major pharmaceutical and biotechnology companies, as well as specialized companies. Some of the key players in the allergy diagnostics market include Thermo Fisher Scientific, Siemens Healthineers, Danaher Corporation, Bio-Rad Laboratories, and Stallergenes Greer.
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The allergy diagnostics market is segmented by product type, allergen type, end-user, and geography. The major product types include assays, instruments, and consumables. The major allergen types include food allergens, inhaled allergens, and others. The major end-users include hospitals, diagnostic laboratories, and academic research institutes.
Overall, the allergy diagnostics market is expected to continue to grow in the coming years, as the prevalence of allergic conditions continues to rise and the demand for more accurate and efficient diagnostic tools increases. However, challenges such as the high cost of diagnostic tests and regulatory hurdles may limit the growth of the market in some regions.
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